JSE stable on Thursday morning

Trading the Jamaican Stock Exchange is off to a slow start with all the indices inching up after 75 minutes of trading on Thursday. An average of 32,320 units of active stocks traded, up from an average of 40,324 units that traded in the prior mid-morning session.
A total of 20 securities, accounting for only 646,395 shares changed hands at 10.45 am as 4 stocks gained and 7 declined, continuing the negative trend in place for some time. Cable & Wireless is one of two stocks to trade more than 100,000 shares, as the price of the stock stabilized at $1 with 125,767 shares traded while recently listed Jetcon Corporation accounted for 363,344 units as the price slipped to $2.85.
The market saw all Jamaica Composite Index gained 3.10 points to 166,905.78, the JSE Market Index rose 2.77 points to 150,285.45 the JSE combined index ending with gain of 160.74 points to 157,577.33 and the junior market index moved up by 15.43 points to 1,771.45.